A.I.S. Resources Ltd. announced today that it has signed a 120 day option agreement with Ekos Research to invest US$1m for 15% equity in its break-through SOLVEX solvent extraction process. Highlights: The process is the culmination of three years research and development by Ekos Research, University of Melbourne and University of Tsinghua, China. Lithium extraction rates exceeded 99% and were able to produce greater than [...]
A.I.S. Resources Ltd. announces that the Company has granted a total of 500,000 incentive stock options to various directors, officers, employees, and consultants of the Company. The stock options were granted on September 26, 2019 with an exercise price of $0.12 per share for a five-year period from the date of grant and vest immediately. About A.I.S. Resources A.I.S. Resources Ltd. is a TSX-V listed investment issuer [...]
A.I.S. Resources Ltd. is pleased to announce that it has completed the sale of 2,322,250 units at $0.08 per unit for gross proceeds of $185,780, . The proceeds will be used for general working capital purposes. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of 12 months from the closing [...]
A.I.S. Resources Ltd. announced today that 1,000 tonnes of manganese has been mined, consistent with our production target of 1,000 tonnes to be produced every two weeks. AIS Resources’ Updated Highlights of Our Current Manganese Production: 600 of the next 1,000 tonnes has been bagged and readied for road transport to the port. At the port, bags will be emptied and loose manganese ore will be loaded in containers [...]
A.I.S. Resources Ltd. announced today that the Company has signed a contract with an agricultural product manufacturer to supply 1,000 tonnes of manganese every two weeks for twelve months based on the weekly benchmark price. At the current grade and benchmark price this contract has an estimated gross revenue of US$274,400 every two weeks based on US$274.40 per tonne. Highlights of the AIS Resources Manganese Ore [...]
A.I.S. Resources Ltd. announced today that the Company’s initial trial shipment has been increased to 200 tonnes of manganese ore and shipped to China on the 66,380 tonne container vessel TIAN CHANG HE. Highlights of the initial Manganese Ore shipment include: 200 tonnes of high-grade fines manganese ore in ten containers was loaded onto the container vessel TIAN CHANG HE. The container vessel departed Lima port at [...]
A.I.S. Resources Ltd. announces that the Company has granted a total of 4,085,000 incentive stock options to various directors, officers, employees, and consultants of the Company. The stock options were granted on July 23, 2019 with an exercise price of $0.10 per share for a five-year period from the date of grant and vest immediately. The stock options granted are subject to the acceptance of the TSX Venture Exchange [...]
A.I.S. Resources Ltd. announced today that the Company’s initial trial shipment of 150 tonnes manganese ore has arrived at Lima, Peru and has been loaded into six containers. AIS provides the following update: Highlights of the Manganese Ore initial shipment include: 150 tonnes of high-grade fines manganese ore has been loaded into six containers to be shipped the week of July 28, 2019. 350 additional tonnes has [...]
A.I.S. Resources Ltd. is pleased to announce that it has completed the sale of 7,100,000 units at $0.05 per unit for gross proceeds of $355,000, . The proceeds will be used for general working capital purposes. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of 12 months from the closing [...]
A.I.S. Resources Ltd. announces a non-brokered private placement of up to 7,100,000 units at a price of $0.05 per unit for gross proceeds of $355,000 . The proceeds will be used for general working capital purposes. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of 12 months from the [...]
A.I.S. Resources Ltd. announced today that the Company has commenced its manganese shipping operations in Peru with a trial shipment of 150 tonnes manganese ore being readied to be trucked to Lima Port Callao the week of July 8, 2019. The Highlights of the Manganese Ore Sales Activities include: A contract has been signed with the miner to buy 2,000 tonnes of manganese ore with samples from the mined ore averaging 45% MnO [...]
A.I.S. Resources Ltd. announced today that the Company has commenced its manganese trading operations in Peru. The highlights include: A contract has been signed with the miner and a deposit paid to buy 2,000 tonnes of Manganese Ore with samples from the mined ore averaging 45% MnO. Terms of the purchase of the ore are 50% for 1,000 tonnes when trucking commences, and 50% when the assay is completed on each one tonne [...]